Redbooth

Announcing Teambox’s $5M Funding Led by Avalon Ventures

Sadly, there are still over 100,000 Microsoft sharepoint users out there trying to figure out how to collaborate, even more users who have stored files somewhere in the cloud – using Box, Dropbox or Google – and are STILL using email to collaborate and send files… and much to my disbelief, most of the corporate world wastes countless of hours travelling to and sitting in meetings. Our mission is simple…Teambox will provide a single place – in the cloud, or on premise – to work smarter, faster and more efficiently.

We are going to use this capital to deliver:

Of course, we need to expand our team of developers and product managers to make all of this happen faster. I am happy to report that process is already underway.

In summary, we are confident we can use this added capital to build an exceptional team and even more exceptional product. As always, we’re listening, so let us know about any ideas you have for Teambox or capabilities you’d like to see.

Finally, I want to extend our sincerest thanks to our Angel investors and to you for using Teambox and for being a loyal fan. Whether you’ve been with us since the beginning, or are just discovering us; I’d like to thank you for being onboard with our mission of changing the way the world works with Teambox.